How Much Does Disney Vacation Club Cost?
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- Опубликовано: 20 авг 2024
- Today I'm tackling the true cost of owning Disney Vacation Club! And yes, there is math involved.
#disneyvacationclub #jenlefforge
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Love this video! Was watching older dvc videos that you've done yesterday since my husband and i are constantly back and forth for whether or not we should buy dvc. Great content!
As the prices have gone up, especially with the new resorts, I find it harder and harder to make the math work. I’m glad you’ve found the videos helpful!!
I just returned yesterday from spending a week at the Riveria resort (IMO, a nice but not amazing place). Cost for the room described here was $1200/night. Over the years, the room rates will go up, but so do the membership dues and assessments, so for comparison, I'll ignore those increases. My issue with the membership is (1) the costs, including the upfront cost that alternatively could be invested, and (2) whether I really want to ONLY go to Disney resorts for the next 20 years, (3) the long-term commitment with unknown total costs (4) the hassle of tracking points, offers, promotions, restrictions, etc. Do your own calculations, but you might consider that if the initial $48,000 membership could be invested at an average of 7.1 % it would be worth 48K x 4 = $192K in 20 years. That means your actual cost for a 20 year period would be at least 48K x 4 or $192,000. Add to this, yearly dues of at least $2K for 20 years = $40,000. So twenty year cost is at least 192K + 40K = $232,000.
In contrast 6nights/year x 20 years at $1200/night = $144,000. Thus, a 20 year snapshot comparison, would suggest a savings of $88,000 by NOT joining. Note, this is just a rough calculation, so do your own math for your particular situation and don't sign a contract before getting advice from an attorney.
You are 100% correct. For the vast majority of people, any timeshare--even a Disney time share, is a very bad deal. If you are in your 30s you may think this is a great deal but when your kids are grown, you may have very different ideas about where you want to travel to. You never know what is going to happen in life, a pandemic, an illness, change of job or other life changes. It makes no sense for most people to be tied to one location for a vacation. And as you get older, let's face it, Disney is not as fun as when you are young. I love just going to less buy beaches in Florida where there are no huge crowds or long lines. And if you have to finance it, then that is even worse.
You could take the $47,000 buy a camper then the $2,000 a year and go to fort wilderness then when you don’t want to go to Disney you can go somewhere else
My late husband and I bought into DVC in 2004, two contracts. Over the years we certainly got our money's worth and never regretted the purchase. Four years ago, my husband died and I sold one contract the following year. Obviously, my vacation stye has changed. I continued to stay DVC, solo or with friends. We owned at SSR, which was our favorite resort, staying there most times. Over time, it has been more difficult to book, needing to book well in advance. SSR is almost always available, but I find it difficult to stay there. Last year, I sold my remaining contract for more than we paid for it in 2004. Which means, all those stays, free. There are the yearly maintenance fees, but still, what a deal. Love Disney Vacation Club and always recommend to those who love Disney. Thanks for sharing such important information!
Deb thank you for sharing your story! Sounds like the memories you’ve made there truly are priceless and that’s how we feel as well.
We've been thinking about this for some time, but it seems like for a couple, who are happy staying in a standard-sized room rather than a huge villa, there are really no savings there. Thanks for this Jen!
Every situation is different but yes I tend to agree with you! We only bought DVC in the first place because we have too many kids 🤣🤣🤣
I’d like to see the numbers that compare the costs if you rented points every year versus bought in to DVC for your family vacations.
Yeah, since we don't rent points that would be tough to figure out but I like the idea! Thanks for watching!
We just rented points for our vacation next fall, so this is fresh in my mind. I have never done or seen this kind of comparison, though. You can do the math pretty easily if you go to a points rental site of your choice and determine what the cost per point is going to be. Generally, they differ depending if you are attempting to make a reservation 11-7 months out or
@@KadonHodson Renting points is $1216 for 6 nights from Jan 3 to Jan 9th
@@johnroberts3822 $1216 is the cost for a Studio at Old Key West for those dates, which is the cheapest available room (aside from a Value Studio at AK). This video specifically talked about the cost of a 2 Bedroom Villa at various resorts, with her home resort being the lowest point total, so that was the comparison I used. Giving that low number is not a fair comparison. If you want to use your dates, then a 2 Bedroom Villa at OKW costs $3705, BLT costs $5040 for a standard view, and Riviera costs $5544 for a standard view.
TheHopeVictoria renting points is always cheaper in the short run. If you are going to go every year for 30 years you are better off buying dvc
This is so interesting to me. We just rented points for BLT for the first time so we could try DVC out before deciding if DVC is for us or not. Videos like this are so helpful for me. Hugs!
I would never own a timeshare because of the maintenance fees that never end ...but I do understand why people like to buy them, I just can’t bring myself to do it...but I did love your video🥰❤️🥰❤️🥰❤️🥰❤️
I get SO excited when I wake up and check my email to find you've uploaded a new video. I grabbed my morning cup of coffee and watched this before getting ready for work and it made my heart so happy. Your explanation was super clear and straightforward. Very well done Jen!
Kelsey, I'm so glad we could have coffee "together" this morning and I hope you have a wonderful day! Thank you!
@@JenLefforge Me too Jen!
I just came back from a long weekend at Disney a week ago and did my first DVC stay at Riveria. My home resort is Saratoga. I have to say Riveria was beautiful and our balcony overlooked Carribean Beach, which was an awesome view, especially at night. I do agree with you, the cost is definitely much higher. Like you, I stayed during the least expensive season and I have to saw I would do it again for a long weekend. I loved the resort and having the Skyliner as a mode of transportation was so easy. But I don't see myself ever buying into the Riveria because it is so expensive. Great video!!
I hope to stay there someday myself as it looks amazing!
This was such an amazing video. Very helpful and thank you for breaking down those numbers. I have always found the DVC confusing and you did a great job making it simple and getting to the point. I have just recently stumbled upon your videos and you are pure joy and kindness. Keep up the great work and thanks again.
Thank you for your kind comment!! I so appreciate and I'm so glad to hear it helped!
This was a really interesting video, Jen. I ran the numbers myself several years ago, and I can't ever see being able to fit DVC into my little budget. I have rented points in the past, and that works for me if I want to stay at one of those resorts. We're quite happy, though, with the value and moderate resorts. You always make wonderful videos--it's always fun for me to dream about the DVC resorts! Hugs, Kim
Kim it’s such a great point! If you’re family is happy and can fit in a value or moderate, it’s hard to make the math work,
I completely agree and love the idea of renting points! As much as I love Disney the idea of doing DVC freaks me out. It just seems so expensive compared to other options of renting points. There are so amazing moderate resort options as well.
This video was everything! Disney should pay you to market DVC! 😂
Well thank you! I'm not sure they'd love the part where I say don't finance, though;).
Great info, Jen! Love that you crunched the numbers.
Thanks for watching, Sierra!
Great video! Really puts it all in perspective, kinda makes me even more glad I went ahead and bought!
I really appreciate your videos. It definitely is helping me understand the math. I am not ready to buy but considering it for my 5-10 year goal. Thanks for speaking the way I can actually follow!!
Great video.. I love calculating how much we are "spending" per night when we stay on points. We only stayed value before buying into DVC. Definitely worth it for us!
It is super fun, once you've reached that break even point, to figure out how much you're "saving" compared to rack rate. I do the same thing;).
This is by far, the best video I have ever seen on this subject matter! Thank you !
Wow, Anna, thank you so much!
Old Key West all the way baby. I love all of the numbers Jen. I’m looking forward to learning more about DVC with you Jen... this video definitely makes sense, thank you!!!
Happy to help! And based on the morning you had, happy to supply a distraction.
Thank you Jen, for all the time and research you put into this! This was an AWESOME video for anyone considering DVC. Maybe if my husband watches this, I can convince him to consider this purchase! ---Susan
If you can go in understanding the math and how it works, it can still be a good deal for a lot of families! I'm glad you liked it, Susan. Good luck on the convincing!
There’s definitely a lot more math and calculations that go into buying DVC than I thought. Thank you for explaining this for us.
Of course, Katelyn! There is a lot to do it and it's a big decision, so I love when I can arm others with a few facts they might not have known before. Thanks for watching!!
Hey Jenn. I am rematching these videos because ya. Looking at buying in. But I first need to figure out how many points and which resort to stay. So thank you 😊
Jen- you did such a good job explaining DVC and the financials! We bought OKW resale 3 years ago, and I ♥️ crunching DVC numbers. I calculated we will stay 40 nights in our first 5 years = $480 per night ( based on total initial buy in + dues) mostly in 1 bedrooms. That’s a pretty good price for Disney, and only 5 years in :)
Love this video!!!
Tracy you sound like you are making GREAT use of your points! Well done and hey, Neighbor! Don't we just love our OKW?!?!?!
Thanks Jen, I just got a Disney VISA offer for $6500 off a new DVC membership at Riviera and I thought, "Wow, that sounds interesting...". Until I just watched your video and the buy in is over $40K!!! I just don't think DVC is for us and I am fine with that. I will still try and get my family to a park/resort every 2 years or so anyway :)
LOL Shelley, I saw that offer come through and thought the same thing!!
Long time OKW member considering buying more points. Great explanation / refresher of what the real cost is! Thanks!!
We think about adding on a lot but I also know our vacations will change in the coming years so I think we will stay with what we've got. Thanks for watching, Maureen!
Great video Jen. I'd like to add as well that for us, the best thing about being a member is that it makes vacationing a priority. So whether you finance, or a lottery comes anyone's way, no amount of money saved can equal memories made. I have recently been following a gentleman who does yacht tours all around the world. He said it's interesting because the millionaires and billionaires who own these boats, who are naturally very careful and judicious with their money, let all that blow out the window when it comes to owning their yachts. They are there to enjoy them. They know the moment it leaves their dock for the first time it has already lost thousands or millions in value. They do it because they love the freedom, the memories and the relationships they make along the way :) If we end up recouping some or all of our money in the end then great! Otherwise, we just enjoy the ride. My advice to anyone considering would be whether you are buying or financing, buy within your means and you will enjoy your DVC much more.
One of our main motivations for buying is that we knew it would FORCE us to make time for vacations! I totally agree, Darrell!
Very good content as usual Jen. Cost, savings, as you always say, will differ person to person and circumstance to circumstance. Three years ago I would not have even thought something like paying for parking factors in - but as Florida residents we drive every time we go to WDW. Saving another $25 per night because we are on DVC points is no small amount of money. So many things to factor in when considering purchasing DVC. Keep the great videos rolling!
Thank you, Keith! As i think you know, I’m not here to tell anybody if they should or should not buy but I do hope to arm them with the facts they need to make a wise choice! And yes we like having a car and that parking fee adds up quick!
This was great, totally understandable to me, I am also a huge disney math nerd. One of the other things that was important to my husband and I was the life of the contract, we knew we would get way more years out of a riveria contract then out of a saratoga springs contract. So we factored that in. Also, financing may not always save money, but when I compared apples with apples accomadations for us in the 10 years it takes to pay off the contract we could take up to 7 more vacations then we could take without a contract and it would only cost $2.10 more a month then going on only 2 trips in that 10 years with paying cash for our accomadations (with assumed inflation costs). Which is definitely recouped in the dinning discounts. I was amazed that when finacing it you can still save so much. Had to run the numbers cause non disney loving folks like to tell me I bought into a scam.
Morning coffee and a new upload from Jen! It doesn’t get better than that🥰
Awww thanks, Danielle!!!!! And I’m with you on the coffee. Thunderstorms here last night and Max was a mess. Poor dog and poor mama.
Your explanation was on point! Easy to follow and understand!! Thank you!!
Thank you for being so frank with us and not candy coating things none DVC members.
That’s always my hope, Shannon - not trying to persuade one way or the other just to lay out the facts! Thank you
Awesome, thanks for taking the time to figure that all out.
If you knew how math challenged I am it would feel almost heroic. Bwahahaha. Thank you for watching!!
You explained it so well, it was very easy to follow! Thank you for all the information it was a great video and so clearly explained!!
Thanks so much for the numbers. It took us 5 years of number crunching to finally make a decision and become DVC members. It can be SO confusing and trying to explain it can be crazy. You did a great job! Thanks again!!
I’m so glad you liked it and YES it’s a big decision and should be researched thoroughly! After all it’s more than most of us pay for a vehicle!🥰
@@JenLefforge Someone noticed the DVC sticker on our fridge in one of our vlogs and asked if we thought DVC membership was worth it. But, as you explain, it's hard to determine because it depends on so many factors like how much you travel, how you travel, what home resort you choose, how many points you buy, etc. I mean, it makes sense for us but...
I will say though, DVC Membership gets better gas mileage than a vehicle and the resale value is better! LOL!
Great delivery. Clear but it flows nicely. Thanks.
Thanks very much!
Great video!!!! A lot of great information. Thank you. 👍👍👍
You did a great job explaining this! Thank you very much for this info.
You are most welcome, Amy! Thanks so much for watching and taking the time to comment.🥰
I am such a details geek, loved this!!!
I’m so glad I’m not the only one!! 🤣🤣🤣
same!!
This was a great video! My hubby was doing our math in a different way but basically came out! Running the numbers is def a must do!
Yeah it always amazes me that people go to the presentation at WDW and buy that same day! I mean, good for them, not judging, I could just never do that without doing tons of research on my own. Took us two years!
Such a great video Jen! Great, truthful information for anyone considering purchasing DVC!
What a kind compliment, THANK YOU!
Jen Lefforge You’re very welcome 💜💜
Really great explanation!! Thanks so much!
Thanks for the video. For those of us who live cheap or don't have the cash, you've made us feel better!
I'm so glad!
This video really did help a lot and made a lot of sense. Thank you for sharing!
My pleasure, Kathy! Thank you for watching!
Jen just wanted to say I love your videos and I think you are such a wonderful lady! I loved this video especially because I'm a huge numbers/spreadsheet/comparison nerd so this spoke to my soul lol. I understand the overall cost of the initial buy-in plus the fees but I really appreciated your idea to price out the different fees as they cost per night - it's definitely a good thing to consider! My husband and I are seriously considering buying into DVC and we're thinking of it more like a subscription purchase and not as a way to save money - basically we're terrible at saving money for vacation so we usually end up going anyway and then spending money we don't have once we're there and it's always a huge hit to our credit cards that we worry about the whole time. If we did DVC we're thinking that the money will already be spent at a steady rate throughout the year that wouldn't be such a shock all at once. Adding that idea to my current practice of buying a $25 Disney gift card every time I go to CVS or Target and I think we'd be well setup for the vacations I know we'd be planning whether we have a DVC membership or not. Anyway thank you again for your videos and I will definitely be putting together a spreadsheet based on this video!
Oh, hurray, another number crunching stats person! And wow, sounds like you've come up with a great plan to make sure you can afford your vacations with no horrible credit card bill to come home to!
This helped me understand the point system and annual dues, thanks so much!
I’m so glad it helped, Buffie! Thanks for watching!
Thank you for breaking it down! Can’t wait until our next trip!!
Great video! So informative!!! You are the best!
No. YOU ARE! Thank you for watching and taking the time to comment!
I think a "formula" would be good so anyone can just input their numbers and figure out what they pay... And would work for years to come with dues increases, etc.
1. Points per stay ÷ days = avg per night.
2. Yearly Dues ÷ days of stay = cost per night.
3. Maybe factor yearly amount from initial buy in.?
Love it, Rich!
Buy the initial minimum DVC points directly from Disney and then buy any additional points through the resale market. The annual savings are huge with DVC ownership through Disney including AP and dining discounts, and at shops and also onboard DCL. There are also the private DVC member lounges at EPCOT and BLT. Discounts on rooms and save on parking too. There are a lot of perks that offset the annual fees!
Fabulous advice! And I would say act soon If you go this route as Disney keeps upping the amount of points you need to purchase direct to qualify (it's currently 100 but I wouldn't be surprised to see that go up again soon)
Thanks for all of your DVC videos! I've been watching your channel for well over a year now and your videos really helped my family and I decide if DVC was a good fit for us. I'm glad to say that we became members in December! Thanks for all of your help!
Kristen, that's wonderful and Welcome Home!
Really great information! This is the main reason why I don't expect we will ever add on again, those newer resorts are just too high a price to pay for the buy in, especially when I think back to what we paid for our initial Boardwalk contract in 1999, (the way they have jacked up the prices since then is kind of disgusting and obscene). I always run these kinds of numbers when planning for a stay. One additional thing that I do is try to find out what the rack rate is for the same unit for the same time we are going. I can't always get it exact, but usually can get it close. This, along with the numbers you discuss, really helps me know what the value of my investment is. It is staggering what Disney charges the public for these villas. Our six nights in a standard view one bedroom at Bay Lake Tower in May has a rack rate of over $6000 for the stay. I am definitely glad to not be paying that rate. Keep the great information coming. Thanks!!
Yeah there’s no question you still save money but part of that is the overly inflated rack rates! It’s crazyville and we would obviously pay that but I’m with you - very grateful for my older but cozy points at OKW!
We are buying and plan to finance however with only for a couple years. when I add up my monthly payments, and my dues I still end up only paying about 275 a night. (24,000 in payments divided over the life of the contract plus the yearly dues). We paid that for a moderate room in March so still a fabulous deal!
Yes, it can actually work out great if you have the right terms for the financing!
Jen, Another great DVC video, I felt you were very clear and too the point and I agree with all of your assessments. Ken
Thanks for watching, Ken!
Jen, when you said "grab your coffee" its 530am here and my coffee just finished brewing haha
Well that's perfect then! I'll join you, as I am definitely ready for a third cup Tony!
Wow... everyone’s always talking about what a good deal DVC is but it’s $200-$300 a night just in annual dues, not even counting the upfront cost of points😲 Also, thank you for talking about financing. A lot of people don’t think of that
Well, keep in mind that's for a 2 bedroom villa so obviously a studio
(similar to a regular hotel room) would be a lot less. Thanks for watching, Sarah!
Love this video. I recently watched another video on the same topic and was a little confused at the end. Thanks for explaining it so well. I have been looking at getting DVC since I have 4 kids and we have outgrown regular rooms and now need to stay in family suites.
Honestly, larger families is where I see DVC really shining, Melissa, and it's why we purchased as well. Once we stayed in a one bedroom with a washer and dryer, it was a game changer and since we wanted to stay on property this was really our only option. We paid cash for villas a few stays but definitely found the math worked for us.
Love our DVC... enjoying every vacation and great memories!!!- Wonderful Matthew
Really can't put a price on it, can you?
I have to admit that the strongest pull DVC has for me is the recognition as a DVC member and things like use of the lounge. Yes I'm a bit of a 'perks' girl...lol.
Well for that much money you could get yourself an awful lot of perks! Heck Club 33 is “only” 50k!🤣🤣🤣🥰
Now you're talking 😂
Thanks for these videos! They were very helpful with our recent purchase. One thing to note is that there are incentives at Riviera that don't apply to the older resorts. With developer incentives and Disney visa incentives, we got two contracts at Riviera totaling 250 pts at $166 per point. Still more than what you paid at OKW and the annual dues are higher, but on the Skyliner with access to two parks! Compared to resale contracts at BWV or Beach Club, which I think are the best comparisons given their locations, this isn't much more and we get a longer contact (we're a young couple). Another thing that is worth mentioning about buying direct is the guaranteed week option, which gives you a lot of flexibility without really any downsides. One of our two contracts is a GW for the week after Thanksgiving. That week is more fixed for us at 120 pts. Disney is in the process of redistributing the points among the seasons to better reflect DVC member demand, to the point that in 2021 our week will already cost 119 pts for those making reservations on their own! If that goes up any higher, we're locked in at 120, so it's pretty great. It's like point inflation insurance.
Congratulations on your purchase!! Welcome home!
@@JenLefforge Thanks! I'm excited, in April we'll have a stay at AKL (first time!). Keep making great videos!
Well done and great explanation! Thanks Jen!
Thanks for watching, Margy!
Very helpful thanks!
Another great video! So informative!!! Would love a video with an example trip that breakdowns on how/when to book given use year/11 month window/banking etc. :)
I think I've touched on that in a lot of videos but maybe not done one just about that? Great idea, Caitlin!
Very interesting vlog - we are still thinking about purchasing DVC xx thanks for sharing - we enjoyed watching xx
Thank you for watching and good luck on your journey!
Hi Jen, Great video. At this stage of my life I would not be purchasing DVC but I found this very interesting, and your explanation was very easy to understand. Good job. Thanks for doing the math for us .
I'm happy to help and I'm so glad you enjoyed it!!
Nice one, Jen. I remember talking to a family while waiting for the fireworks to begin at MK...they saw my DVC hat and asked me a lot about it. We were all staying at the Animal Kingdom Lodge Kidani Village in a 1 bedroom. When he told me his price was over $5K for 7 nights I was never so glad to have paid for DVC!
It's really true, it can be a great deal if you use it correctly (and buy smart;). Thanks for watching! I love Kidani - it's my second favorite DVC property.
Been thinking of DVC. Super helpful video, thank you!
Absolutely my pleasure! Thanks for watching and taking the time to comment.🥰
Finally a breakdown I can understand. Thank You so much Jenn. I think living an hr away I will just keep staying a few nights a year at the resorts. I don’t think I could save money by buying in to DVC. ~Rachel
Rachel, THANK YOU, because that was my hope! It's so stinking complicated (unnecessarily so in my opinion) and I think knowledge is power!
These numbers are exactly why Disney is changing its rules about transferring points. Only the people buying directly from Disney now will be able to fully use their points at all the resorts. As it stands now, anyone buying resale is going to immediately lose the opportunity to be part of the DVC perks such as the special night parties, but in the future also will lose the chance to use their points at Riviera and other new resorts. I'm a Disney fan and love to visit whenever possible. I thought about buying DVC, especially when I was thinking of staying at the Contemporary in a theme park view. What I quickly figured out, though, was that Disney offers a lot of discounts, especially when there are issues with visitors not showing up. I was able to score a REALLY great deal on that room simply because many people decided not to stay in WDW his past summer while Galaxy's Edge was not open. Had I owned points, I would have needed to book the room at Bay Lake Tower months in advance and would have been paying more per night than I paid for the theme park view room at the Contemporary's tower. At this point, though, I've decided my best pricing strategy is Pop Century with a small group and All Star Music Family Suites with a larger group. Neither have two bathrooms, sadly, but both come in at or less than, the DVC cost after fully paying off the initial price. So for me, DVC is not worth it. I'm really glad it works for you, though. I think the key is timing. Buying it when it was a relatively new option would have enabled you to have lots of savings options.
Sounds like you've made a great decision! It's why it's so important for everyone to have all the facts. I'm so glad you liked the video and thank you for watching!
i think people are missing something if they view DVC as a stand-alone piece of vacationing. my wife and I use a Jet Blue Visa card to get reduced or free tickets to Florida - we put food, gas, regular expenses on it but not do extra purchases to get points. And we buy DIS annual passes because we do take our kids more than once each year. With DVC and/or AP's you get 10% to 20% off of gifts, clothing, hard ticket events (Halloween, Christmas, H20 GLow) and some food. Then, if you get Tables in Wonderland you get 10% off of alcohol at select higher end restaurants. So you can fly there for free, hedge your room costs against future increases with DVC, and get some nice doscounts on the things you buy when there. Lastly, we use Drizzly to have some wine delivered to our resort and save on buying alcohol in the resort store. As far as hedging your future room costs using DVC - just figure in 1971 the Polynesian was $89 dollars per night. If you lock in your room costs (yes I know annual fees can go up) you're essentially hedging against a 500% or 600% increase in rooms in the future - especially larger rooms. The $89 in 1971 was a studio.
You bring up a lot of very good points and we use our membership in a similar way!
Made sense to me. You made some good points. Im glad you made this video.
Thank you, Megan! It's always my hope that it's clear because those numbers can get complicated fast!
Great content and informative comparing the numbers!
Thanks so much for watching!!
Very good analysis. Thank you.
We just bought at Riviera and the points were $170 each with the current incentives and not $193. And it’s a longer contract then OKW. The Skyliner did it for us. Having to bus to all 4 parks is no fun when you fly to Orlando and don’t have a car. I think you always drive from Georgia? But thanks for sharing your opinions on your channel!
No we always fly and typically rent a car. Congratulations on your purchase!
Thank you! I watched all your videos before purchasing 😍 so thank you!
Have you ever looked into the differences between dvc and other timeshares? We bought at bonnet creek (resale) and paid about $1500 and pay roughly $110 a month for a 1 week stay every year. It’s inside the Disney bubble. Right next to riviera. Plus the 1 bedroom is huge.
I bought 2nd year it opened at OLD KEY WEST free park tickets till 2000, being from UK it’s the best investment I’ve ever made 2 weeks holiday must years with my son now with granddaughter, the points value has increased over the years to such a degree it was a better investment than Silicon Valley.. and they keep saying “ welcome home”
James I love that story so much! And it sounds like you’ve built a lifetime of memories. And I do believe that would make it priceless.🥰🥰🥰
Thanks for this info also great video👍
We rented points and ended up at Saratoga. It was fantastic and we liked having lots of room to spread out. We were really close to the one of the bus stops.
I work with horses semi-regularly so getting in the Paddock section was ironic for me. Next time I want to get Carousel and have a view of the carousel gazebo.
I love the look of the newly refurbished room there!
I hate Disney math.
I love Jen Lefforge and all her wisdom and research!
Yes, my weird hobby can at least benefit others! LOL!
This was so helpful! Thank you!
My pleasure! Thank you for watching!
Well...that is quite the investment. Thank you for breaking down all the numbers & making really good sense!
Absolutely my pleasure! It's always my goal to help people make sense of something that can feel super mysterious.
Great info as always Jen! Running the numbers can be very confusing. Length of contract is also something that needs to be considered since that affects the price per point. And of course Disney only advertises contracts for the new or newly refurbished resorts. Thanks for sharing your info so people will know that you can purchase at older properties. 🌴🌴
Yes that’s why we purchased an extended OKW contract - if you purchase direct they are all extended and I want to make sure I’m still going when I’m 80.🤣🤣🤣
Also i wish I’d mentioned expiration date in the video.
Loved your explanation!!
Thank you, Jessica! I'm glad you liked it and thank you so much for watching!
Lot's of good information. I would like to say that you able to stay at any DVC resort if available at the 7 month mark you don't have to stay at your home resort every time. One of our home resorts is Beach Club but we stay at Old Key West a good part of the time because at the time it is a better use of our points.
Absolutely you can do that! Great point, Debbie. Of course, all depends on availability which can be tricky lately anywhere but OKW and Saratoga (and sometimes even there!). We've definitely seen a decrease in 7 month out villas in our time with DVC.
I'm tempted one of these days to start tracking our yearly DVC spending to see when we actually break even. We only had our 1st points trip this past Thanksgiving, but we have to upcoming trips scheduled. Trading our points it's allowing us to stay in some of the grander resorts that we'd never normally pay cash for. No regrets!
It's fun to figure out the math and it sounds like you guys are using your points really well - I'm always amazed that people leave points on the table or don't really understand how to use them well. What's your home resort, Carly?
Super helpful!
I have watched sooo many videos on this topic and this was the most accessible in terms of value per dollar (for those of us who aren’t so great at math 😉😂😂😂). Thanks for the great content!!
Amanda that comment means so much! Honestly it’s just very confusing and breaking anything like that down to normal terms is a huge passion of mine for some weird reason but I’m glad it can help someone else!
You did an excellent job of explaining that to us curious people.
We are DVC members and we love it. It works for us.
It works for us as well!! Thanks for watching!
Yay, for numbers, your explanation was easy to follow, thanks
I'm so glad, Bethann! Thanks for watching!
thanks for your analysis. My wife and I were very close to buying a DVC contract and we looked at the new and resale market. After looking at the numbers closely, we decided it wasn't worth it.
Sounds like you did your homework! The numbers definitely don’t work for everyone. Thanks so much for watching!!
It was an interesting way to look at it. Thanks.
Thanks! just ran my numbers again. Our dues per year easily justify what we spent staying one week at a moderate resort. Thanks for sharing. I always thought I would like to buy points at bay lake tower too, but after staying at my home resort for a week (copper creek) then going to bay lake for 3 nights it really took the shine off it for me. I felt it lacked charm that the other resorts have. I stayed there once before but did not see it until I stayed there back to back with my CC stay.
You know, it’s funny. It that’s how I’ve come to feel about OKW - nothing else feels like home somehow!!
I really enjoyed this video! I am a details geek/nerd so I like the numbers and concrete apples to apples type comparison. I am constantly going back and forth on DVC and in the end, I have not done it. I can get good AP rates or rent DVC points if I want. I have heard it's becoming increasingly more difficult to book for DVC members which would just infuriate me. Plus, as long as my kids are young, I can only go during more peak seasons which means more points. Might as well leverage discounts and rented points for those trips. Thanks!
It's still very easy to get the room you want at the 11 month mark, but yes, 7 months before arrival (when other resorts upon up) it's becoming very difficult.
Always enjoy your videos, and this was a great theme. As you mentioned people spend money on all sorts of things, not always the best deal or use of money (why some poeple stay at Contemporary vs Pop century). I think the thing that gets left out in a straight numbers run like this is what you are getting for your money. Obviously Home Resort can be very important depending on when you go and what location on property you want. Like normal real estate...Location-Location-Location. Room setups also come into discussion, the new buildings have Murphy beds vs fold out couches if you are maxing out sleeping-definately worth an extra point or 2. I have heard part of RR higher dues is due to the skyline cost, Well worth it in my opinion as we avoid the busses at all cost (same thought on BLT). Your right that purchase price shouldn't be in calculation since obviously people who bought 10 years ago paid way less and those buying in 10 years will probably pay way more..
Side not- it looks like for comparable rooms BLT and RR are the same points, BLT has more view options.
All great points! Thanks for watching!
LOVED this video! I don't think you mentioned residual value. Some people can re-sell at a profit. But for a re-sale, there's less years left on the contract, and therefore less total discount to be had...not sure how that pans out. Seems like they should always go down in value because of that.
I’ve sold (not at a profit but broke even) AND I’ve purchased resale and it can be less but the value hasn’t gone down nearly as much as I would have thought even with the properties that expire in 2042. And thank you!
You did a great job explaining the numbers. I looked into it some in the past out of sheer curiosity but I honestly can’t see it making any sense for our family (but of course that’s 100% personal and no judgement on anyone else.) just the sheer fact of having to figure out how many points we’d need to buy and having to think about how we may want to vacation years in the future makes my head spin, lol. Of course compared to paying Disney’s rates for deluxe accommodations, dvc could make sense, but we don’t require deluxe accommodations and with the ability to rent points and get DVC villas for a lot less than Disney’s prices, it’s just so much easier (for us) to not have figure this all out. Lol
Honestly, Becca, your comment is exactly why i started doing these videos! Everybody’s situation is different but when we were considering buying I had a tough time finding unbiased information. Thank you!
Jen Lefforge all your information is definitely appreciated! And of course I say I don’t need deluxe accommodations but I’ve never actually stayed deluxe so who’s to say? 😂 My husband is sending me in May for my birthday for a partially solo trip (a couple days solo and a couple days with my future SIL) and I’ll have a couple nights at the Contemporary and I can’t wait! Your videos on solo travel made me feel (semi)ready to try it. I love your personality but truly am thankful for everything you share. ☺️❤️❤️❤️
Becca Schlomann your trip sounds amazing and thank you for your kind words! I love when someone tells me I’ve inspired them to travel solo!
What a great video. So helpful.
Thank you, Arlenys!! That's always my hope so that means a lot.
Great video!!! Thank you for explaining how it works so clearly.
Also side note what is that tree behind you? A LEGO?
Yup! It’s the Lego treehouse. My oldest built it.🥰
Jen Lefforge thank you, I didn’t know that it existed 😉
Thank you for this in depth dive into DVC cost.
Thank you for breaking this down for us :) Old Key West really is a incredible value! Disney take our money lol